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You are here: Home / News / South Africa sees wider budget deficit, higher debt after scrapping VAT hike

South Africa sees wider budget deficit, higher debt after scrapping VAT hike

21 May 2025 by CapeTownNewsReader

South Africa’s National Treasury said on Wednesday that this fiscal year’s budget deficit would be wider and public debt higher after it was forced to backtrack on a proposed increase in value-added …Read More at Source

Category: NewsTag: Bing, Cape Town, NEWS

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